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we bestow one of them tax-exempt status. why isn't christianity a religion? >> christianity is not an organized religion. a church that can be imposed. christianity is a philosophy. you don't have to believe jesus is god in order to admire his view on life. >> jon: no. but you have to believe jesus is god to be a cristian. for instance, i like a lot of jesus' philosophy. love your neighbor. a little cheek turning. stone not casting. it's very nice. but while i can get an "a" in his philosophy class, i don't get to go to the after party. you get what i'm saying here? so you want to do this at my place or your place because [bleep] we'll be right ( cheers and applause ) >> jon: welcome back to the show. as we all know, of our congress' two houses the lower house the house of representatives is a dumping ground for morons at which any [bleep] can get elected. to get electedded to the upper house you have to be among this nation's most reasoned and revered [bleep]. who keep voting year after year to continue what are known as the rules of the senate. >> you know
we bestow one of them tax-exempt status. why isn't christianity a religion? >> christianity is not an organized religion. a church that can be imposed. christianity is a philosophy. you don't have to believe jesus is god in order to admire his view on life. >> jon: no. but you have to believe jesus is god to be a cristian. for instance, i like a lot of jesus' philosophy. love your neighbor. a little cheek turning. stone not casting. it's very nice. but while i can get an...
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Nov 29, 2012
11/12
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CNBC
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we pay taxes overseas. we pay taxes here. we pay other forms of tax as well. i think that story hasn't been told. the fiscal terms that are in place here for our industry, for example, if punitive taxes were imposed on our industry, would impact our investment. i hope that's not where we're headed. i think there is a case to be made that we pay our fair share of taxes, and i work hard to try to communicate that. >> talk to us about an energy policy. what would you like to see in the election is behind us. what should a proper energy policy look like to do everything you're saying, create jobs and, in fact, take advantage of this opportunity that america has. >> i think the energy policy sometimes is made more difficult than it needs to be. to me, there are three things th that you need focus on. do you want affordable energy, do you want secure energy, and the environmental characteristics you want. we talk about those one at a time. we need to talk about those together. >> let me ask you a few questions about from the investment community. i guess the biggest
we pay taxes overseas. we pay taxes here. we pay other forms of tax as well. i think that story hasn't been told. the fiscal terms that are in place here for our industry, for example, if punitive taxes were imposed on our industry, would impact our investment. i hope that's not where we're headed. i think there is a case to be made that we pay our fair share of taxes, and i work hard to try to communicate that. >> talk to us about an energy policy. what would you like to see in the...
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Nov 29, 2012
11/12
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FBC
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if we can bridge the fiscal cliff and get a comprehensive tax reform and entitlement reform, you would see a market significantly higher. tracy: we have had some earnings that look positively dismal. it is a very big pricey discretionary product, but they miss earnings, that is a real fundamental, isn't it? speak we still have the s&p profit growth that is positive. you cannot continue to have double-digit earnings growth as he diyou did for 10 consecutive quarters. if we get through this cliff in the back half of 13, gdp growth rate accelerates as we anticipate and profit growth as well. tracy: if your liking big multinationals, you don't like europe yet you like the multinationals. help me wrap my mind around that. >> u.s. large caps are cheap, most of those in mall to nationals. but they don't deserve to be cheap. it is going to be a while before you get any sustained growth. you can't make that case the multinationals. it is relatively speaking a small part. the big part of the global exposure is the emerging markets. tracy: you obviously are very bullish equity sky. you have to be
if we can bridge the fiscal cliff and get a comprehensive tax reform and entitlement reform, you would see a market significantly higher. tracy: we have had some earnings that look positively dismal. it is a very big pricey discretionary product, but they miss earnings, that is a real fundamental, isn't it? speak we still have the s&p profit growth that is positive. you cannot continue to have double-digit earnings growth as he diyou did for 10 consecutive quarters. if we get through this...
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Dec 6, 2012
12/12
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FOXNEWSW
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i myself like a flat tax or a fair tax. just not this tax nest we have right now. i say set three different rates. as you go up the income ladder there are fewer writeoffs and more pro -- progressive. commit to doing all of this. sign in your own blood. you are out, you are fired on the spot. your word will be your bond. you don't honor it, your fan knee will be out the door. politicians, what i am telling you is stop acting -- start acting like a super hero. start thinking about the citizens of got them and -- gothem and america who counts on you. the red phone is ringing. >> i regret to say, sir, batman and robin are not at present available. >> what? surely you must be jesting. >> uh lass, sir, i am not. batman is enjoying one of his infrequent vacations. >> do you want to let america and the world down? that's not what super heros do. that's not what i'm going to do. i am putting my perm -- personal life aside to destroy your personal life. we have financial super hero and it looks like batman can't keep us from going off the edge the way these guys are going.
i myself like a flat tax or a fair tax. just not this tax nest we have right now. i say set three different rates. as you go up the income ladder there are fewer writeoffs and more pro -- progressive. commit to doing all of this. sign in your own blood. you are out, you are fired on the spot. your word will be your bond. you don't honor it, your fan knee will be out the door. politicians, what i am telling you is stop acting -- start acting like a super hero. start thinking about the citizens...
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Nov 28, 2012
11/12
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CSPAN2
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is the prime minister guilty of tax of points for tax evasion? >> $900 million into specific majors of tax avoidance. all these schemes grew up under years of labour government. they never did a general tax avoidance. they presided over a system where people in the city were paying less taxes than their cleaners and the government has sorted out. >> not to be remembered as the prime minister introduced regulation of the press, an essential part of a free democracy. would you agree with me that regulation derives -- you are pregnant or not pregnant. you either have state regulation or you don't. there is no alternative third way. >> i would agree with my hon. friend. is it a free press? absolutely vital for free democracy? we should recognize all the press has done and should continue to do to uncover wrongdoing, stand up to the powerful. whatever changes we make we want a robust and free press in our country. >> research by the charity save the children, reveals shockingly that in our country when seven children does not have a warm coat this win
is the prime minister guilty of tax of points for tax evasion? >> $900 million into specific majors of tax avoidance. all these schemes grew up under years of labour government. they never did a general tax avoidance. they presided over a system where people in the city were paying less taxes than their cleaners and the government has sorted out. >> not to be remembered as the prime minister introduced regulation of the press, an essential part of a free democracy. would you agree...
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Nov 28, 2012
11/12
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FBC
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in the meantime the president keeping up the pressure on republicans from here to extend expiring tax cuts for middle-class taxpayers, but let them expire for wealthier taxpayers. take a listen. >> the place where we already have and three complete agreement right now is on middle-class taxes. as i have said before, we have two choices. if congress does nothing, every family in america will see the taxes automatically go up the beginning of next year. >> as we have been reporting all day, the president set to meet with a bunch of ceos of major corporate leaders here that will probably start wondering about 90 minutes to get underway around 4:45 here at the white house, 14 of them showing up including the ceo of yahoo, merck, coca-cola, at&t and lloyd glenn fine of goldman sachs will be here as well. liz: in the end big multinationals, to be fascinating to hear they feel positive. i want to know the business leaders think. thank you so much. as congress and the president do their very slow discussion dance on this governors are sprinting around trying to prepare for enough ability that
in the meantime the president keeping up the pressure on republicans from here to extend expiring tax cuts for middle-class taxpayers, but let them expire for wealthier taxpayers. take a listen. >> the place where we already have and three complete agreement right now is on middle-class taxes. as i have said before, we have two choices. if congress does nothing, every family in america will see the taxes automatically go up the beginning of next year. >> as we have been reporting...
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Nov 29, 2012
11/12
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CNBC
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remember all those concerns about higher taxes on dividend? the dow utilities bottomed several weeks ago. okay, it is not a gigantic move but the slope has been upward. utilities are among market leaders today. all right, fractional but it is a fairly broad advance. what about those concerns about the mortgage interest desucduct? nice little advance in some of the home builders. pending home sales above expectations. the market believes some kind of deal is coming and that it is going to be substantive. if it doesn't happen, then we're all going to pay the price in the next month or so. >> a lot of prices to be paid. >>> as the market is clearly blowing in the breeze with every single comment from both sides of the political aisle, we wonder whether or not these comments are anything more than just hot air. eamon javers, what say you? >> well, there's a lot of hot air up here on capitol hill, mandy. i just had the chance -- not that he was talking about hot air, but i just spoke briefly with former republican vice presidential candidate paul r
remember all those concerns about higher taxes on dividend? the dow utilities bottomed several weeks ago. okay, it is not a gigantic move but the slope has been upward. utilities are among market leaders today. all right, fractional but it is a fairly broad advance. what about those concerns about the mortgage interest desucduct? nice little advance in some of the home builders. pending home sales above expectations. the market believes some kind of deal is coming and that it is going to be...
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we live and die by property taxes and sales taxes and they are all coming in shorter than anticipated. basically because the property values in detroit. it is starting to pick up in michigan. we just need a little bit more time in order to get our financial house in order. in order to grow our economy. gerri: i have heard that before. we need more time to get our fiscal house in order. wouldn't it make more sense? i know that you are probably playing all kinds of different groups. all kinds of different political groups who want to have their voice heard. wouldn't it make more sense to come in and have the state on this thing -- the thing that we will fix this thing and get it done. >> unfortunately, they can't unilaterally change them. so the financial emergency manager coming into detroit, setting us back a year. we just need to have the political will make these decisions and get it done. we have the political will to get it done. i don't want to sound like a broken record, but it is as simple as that. an emergency manager can do anymore than what we are doing right now with the to
we live and die by property taxes and sales taxes and they are all coming in shorter than anticipated. basically because the property values in detroit. it is starting to pick up in michigan. we just need a little bit more time in order to get our financial house in order. in order to grow our economy. gerri: i have heard that before. we need more time to get our fiscal house in order. wouldn't it make more sense? i know that you are probably playing all kinds of different groups. all kinds of...
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Nov 28, 2012
11/12
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KTVU
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at the end of the year, tax breaks expire and drastic spending cuts are due to take effect. bracing for those higher tax rates possibly coming next year, some corporations are handing out 2012 dividend payments that are looking more like christmas presents. walmart and dillard's are among several companies paying dividends in december instead of in early 2013. currently taxed at 15%, that rate, under automatic fiscal cliff increases, could more than double. many investors believe that no matter how the fiscal cliff situation is resolved, dividend tax rates will likely increase in 2013. jamie dimon is getting public praise from billionaire warren buffett. this week on charlie rose, mr. buffett said he thinks mr. dimon could be the "best person for the job" after treasury secretary timothy geithner steps down. mr. buffett notes that dimon could deftly handle another financial crisis, even though jp morgan was forced to take a government bailout during the financial crisis and dimon came under question earlier this year, when the bank lost 6 billion dollars in a trading blunder
at the end of the year, tax breaks expire and drastic spending cuts are due to take effect. bracing for those higher tax rates possibly coming next year, some corporations are handing out 2012 dividend payments that are looking more like christmas presents. walmart and dillard's are among several companies paying dividends in december instead of in early 2013. currently taxed at 15%, that rate, under automatic fiscal cliff increases, could more than double. many investors believe that no matter...
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Nov 28, 2012
11/12
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FOXNEWSW
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they are the low-tax party. the other guys want to tax. to match reckless spending. i understand why democrats are doing this. they manual that the republicans have no bargaining power today. i say it's true if republicans resist, they will take the blame. that will help the democrats in the congress. but obama is never running again. he doesn't care who gets the blame. he is going to be the president. she a lame duck. he wants the term. if it starts by going over the cliff it starts with a second recession. 2 million unemployed and wrecked second term. that is the leverage that republicans have over obama. it's utterly unacceptable. >> bret: to kirsten's point, some republicans are talking about raising the age of medicare, means testing. put a lot of ideas out there. nothing on paper. they are not hammering it out, it doesn't seem, behind closed doors unless we don't know it's going on, steve. >> no, it's not. >> bret: let me play this thing, this sound bite. yesterday we put in a piece. i want to play more of it. this is a question and answer by senator reid about
they are the low-tax party. the other guys want to tax. to match reckless spending. i understand why democrats are doing this. they manual that the republicans have no bargaining power today. i say it's true if republicans resist, they will take the blame. that will help the democrats in the congress. but obama is never running again. he doesn't care who gets the blame. he is going to be the president. she a lame duck. he wants the term. if it starts by going over the cliff it starts with a...
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Nov 29, 2012
11/12
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tax reform which we definitely need. there's no two ways about it. >> congressman pascrell, thank you again. >>> breaking news from the bond market. you saw the headlines cross moments ago. $30 billion in 7-year notes up for auction. rick santelli, we have a bid to cover ratio of 2.81%. >> that 2.81% is above the 10-auction average. this is around 2.74%. actually, close to the 40% 106-auction average. directs -- 19.7% that is a record high since they brought the 7-year back in february of '09. i can't find a higher direct bid. the yield -- 1.045%, right in the middle of the bid offer we give this auction a b-plus, solid auction. 99 billion is now behind us and considering the issues of fiscal cliff we're going to be looking to handicap a whole lot more auctions over the next several years. back to you. >> absolutely. >>> breaking news now. it concerns microsoft. let's go out to jon fortt. jon? >> hey, sue. microsoft has officially announced the pricing for surface pro. that's the version of microsoft's tablet that runs a
tax reform which we definitely need. there's no two ways about it. >> congressman pascrell, thank you again. >>> breaking news from the bond market. you saw the headlines cross moments ago. $30 billion in 7-year notes up for auction. rick santelli, we have a bid to cover ratio of 2.81%. >> that 2.81% is above the 10-auction average. this is around 2.74%. actually, close to the 40% 106-auction average. directs -- 19.7% that is a record high since they brought the 7-year back...
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Dec 4, 2012
12/12
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for is tax cuts and not an argument you are raising taxes on someone. for all those reasons, the democrats have a lot of leverage in january but that does not mean the democrats should wait till january, what happens after december 31st is everybody can lose. the kind of pressure we have psychologically and politically right now to get a deal done before we hit 2013, that kind of pressure and deadline pressure and momentum you're not going to have after you're over the fiscal cliff. so every day that goes by after january 1st isn't going to look like that big of a deal and essentially, time will run out for both parties, you will have a lot of problems in 2013, they will take the lion's share away from fiscal dealmaking, senate confirmation, have the debt ceiling, the long-delayed nuclear negotiableses with iran, going to have posturing for the 2014 campaigns. all of those things are going to suck out the moment up that we have right now. so, yes, democrats are not as bad off as the republicans, but that doesn't mean they should be waiting either. >> i
for is tax cuts and not an argument you are raising taxes on someone. for all those reasons, the democrats have a lot of leverage in january but that does not mean the democrats should wait till january, what happens after december 31st is everybody can lose. the kind of pressure we have psychologically and politically right now to get a deal done before we hit 2013, that kind of pressure and deadline pressure and momentum you're not going to have after you're over the fiscal cliff. so every...
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Nov 28, 2012
11/12
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go up, dividend tax rates, personal tax rates, corporate tax rates go up, that that itself will cause economic weakness. what do you say to that? how are we supposed to balance the risks of doing things to avoid the fiscal cliff that may also hurt growth? >> one way or the other, there is a problem. if you kick the fiscal cliff down the road, then, you know, you're talking about the u.s. running deficits close to 4% to 5% over the next decade and that's cbo forecasts. if that occurs, you're talk about the debt getting more and more out of control. because the u.s. is the global reserve council, it's reliant on global reserve investment. >> just want to make sure that people have enough treasuries to trade. that's all it's about, charles. isn't that very generous? >> it is very generous. but left unaddressed, the fiscal problem is beginning to be a problem. but equally they don't want the full hit at this stage. so it is a matter of coming to some compromise, so you are going to have to see some kind of adjustment on the taxation side. that is what everyone is hopeful for. but it's sti
go up, dividend tax rates, personal tax rates, corporate tax rates go up, that that itself will cause economic weakness. what do you say to that? how are we supposed to balance the risks of doing things to avoid the fiscal cliff that may also hurt growth? >> one way or the other, there is a problem. if you kick the fiscal cliff down the road, then, you know, you're talking about the u.s. running deficits close to 4% to 5% over the next decade and that's cbo forecasts. if that occurs,...
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Dec 4, 2012
12/12
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taxes on the wealthy. frn in a letter to the president, republicans attempted to sell the offer as the erskine bowles plan, comparing it to the same offer he drew up last year. >> i think he'd disagree. >> the co-chair of obama's deficit commission, but yesterday mr. bowles flatly rejected that connection. meanwhile, the white house is turning to campaign style messaging as a reminder of whose tax plan was chosen in the court of public opinion on election day. >> under my plan, first of all, 98% of folks who make less than 250,000, you wouldn't see your income taxes go up a single dime. all right? because you're the ones who need relief. but we're not going to be able to get it done unless we also ask the wealthiest households to pay higher taxes on their income officials $250,000. the same rate we had when bill clinton was president and our economy kree aed nearly 23 million new jobs. >> and there are reports that republicans are considering a doomsday plan should talks break down. according to senior rep
taxes on the wealthy. frn in a letter to the president, republicans attempted to sell the offer as the erskine bowles plan, comparing it to the same offer he drew up last year. >> i think he'd disagree. >> the co-chair of obama's deficit commission, but yesterday mr. bowles flatly rejected that connection. meanwhile, the white house is turning to campaign style messaging as a reminder of whose tax plan was chosen in the court of public opinion on election day. >> under my...
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Nov 29, 2012
11/12
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FBC
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why don't you be responsible and raise taxes, put your finger prints on a tax increase to pay for our bigger government. republicans said no. harry reid has had a hissy fit for four years now, i'm happy the republicans would not raise taxes to pay for is bigger government. the problem is the american people don't want their taxes raised. lou: what i asked was how you feel? >> i am pleased as punch. harry reid, at haing a hissy fit at me, he's really mad at the ameican people for not wanting to raise axes. he personalizes it with me. lou: what about those folks like senator john mccain, senator lindsay gramm, senator chambliss the list goes on. i mea -- >> it doesn'go on. it does not go on. here's theood news. all the people who last week and said we might raise taxes under certain circumstaes with the same people who said that two years ago. and everyews dia outlet in the country has said the last week, would you like to be famous? would you like to be called important and influential? come to our tv station and announced u areefor tax increases and we will tell everyone you are impor
why don't you be responsible and raise taxes, put your finger prints on a tax increase to pay for our bigger government. republicans said no. harry reid has had a hissy fit for four years now, i'm happy the republicans would not raise taxes to pay for is bigger government. the problem is the american people don't want their taxes raised. lou: what i asked was how you feel? >> i am pleased as punch. harry reid, at haing a hissy fit at me, he's really mad at the ameican people for not...
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it is like a tax revolt. if washington does not act major league owners will be forced to shell out money. the ipad maybe number one but consumers have more options with a tablet. and just how wasteful has indeed york been? consumers and taxpayers aretomit squeezed. [ rodger ] at scottrade, seven dollar trades are just the start. try our easy-to-use scottrader streaming quotes. it's another reason more investors are saying... [ all ] i'm with scottrade. you know, from our 4,000 television commercials. yep, there i am with flo. hoo-hoo! watch it! [chuckles] anyhoo, 3 million people switched to me last year, saving an average of $475. yeah, i'm kind of a big deal. [sigh] it feels good to help people save... with great discounts like safe driver, multicar, and multipolicy. 731, 732... you want my number, don't you? call 1-800-progressive right now. or visit progressive.com for an extra $50 online savings. thirsty? 'causi got a six-pack right here. oh, yeah... [voice shaking] you don't even have to wait for your
it is like a tax revolt. if washington does not act major league owners will be forced to shell out money. the ipad maybe number one but consumers have more options with a tablet. and just how wasteful has indeed york been? consumers and taxpayers aretomit squeezed. [ rodger ] at scottrade, seven dollar trades are just the start. try our easy-to-use scottrader streaming quotes. it's another reason more investors are saying... [ all ] i'm with scottrade. you know, from our 4,000 television...
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Dec 5, 2012
12/12
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CURRENT
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eye 99
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they realize that our taxes are going to be up a little bit. they know there is going to reform to social security and medicare, they want to know so they know how to plan for their companies. i hope it's resolved before i get there if not so be it, i see this as an opportunity for america to lead the way. china is slowing down. india is slowing down. europe is in a recession. south america is slowing down. we have an opportunity to lead out of this mess. i hope we take the lead. >> jennifer: everyone wants to prevent going over over the cliff you still will have a lot of issues on how best to lead the country forward. allen west will be gone but there will be tea partyers remain. how do you work with people who think compromise is a bad word? >> look, i was just earlier with the republican part of my district today and met with a lot of republican commissioners. the message i told them is what i told everybody. whether you're a republican, democrat, i have an open door. i want to hear your thoughts, your concerns and i want to be your voice in
they realize that our taxes are going to be up a little bit. they know there is going to reform to social security and medicare, they want to know so they know how to plan for their companies. i hope it's resolved before i get there if not so be it, i see this as an opportunity for america to lead the way. china is slowing down. india is slowing down. europe is in a recession. south america is slowing down. we have an opportunity to lead out of this mess. i hope we take the lead. >>...
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Nov 29, 2012
11/12
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CNBC
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so if we raise everyone's taxes, it'll be a $2 trillion tax increase. well, if we raise it only on the rich which the president wants to do and the democrats, that's 40% of the nation's income. so it'll be a $900 billion tax increase. it isn't about who the tax increase is on. that's simply envy and class warfare. it's about how much money you're going to take out of the private sector. $900 billion taken from the private sector is an enormous drain and will hurt economic growth. doesn't matter whether it's rich people, middle class or poor people. it's money taken out of the productive sector, the private sector, and given to the nonproductive sector, the government. >> finally, we started the conversation talking about the pledge. when senator graham does, though, indicate his commitment is softening, do you have words with him later on? does he get scolded behind the scenes? >> i don't do any scolding. it's not my job to tell other senators or congressman how to vote or what to think. i try to communicate what i think is the message of our party. the
so if we raise everyone's taxes, it'll be a $2 trillion tax increase. well, if we raise it only on the rich which the president wants to do and the democrats, that's 40% of the nation's income. so it'll be a $900 billion tax increase. it isn't about who the tax increase is on. that's simply envy and class warfare. it's about how much money you're going to take out of the private sector. $900 billion taken from the private sector is an enormous drain and will hurt economic growth. doesn't matter...
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Nov 28, 2012
11/12
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FOXNEWSW
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eye 120
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you can raise taxes on the rich. what if you gets the revenue fund the government for less than a week. >> people don't realize, in the fight over funding, taxing the rich, it is not going to change our problem, at all. >> it does. it's a short-term, it sounds popular, politically, maybes. but it doesn't solve the problem. the american people want us to solve the problem, that requires presidential leadership. >> one quick question, we have a new member of the south dakota hall of fame, your father. that's some good news. good for your father. >> yeah, it is. he will be 93 next month. he had a great career, high school, college, a three-year starter at the university of min min -- university of minnesota. and a world war ii fighter pilot. he was out here a few years ago. >> that's always fun. we have to end on that good note. thank you. >> now the controversy over the benghazi attack. senate minority whip jon kyl going on the record saying it's a coverup. senator, nice to see you, sir. >> thank you. >> why do you thi
you can raise taxes on the rich. what if you gets the revenue fund the government for less than a week. >> people don't realize, in the fight over funding, taxing the rich, it is not going to change our problem, at all. >> it does. it's a short-term, it sounds popular, politically, maybes. but it doesn't solve the problem. the american people want us to solve the problem, that requires presidential leadership. >> one quick question, we have a new member of the south dakota...
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Nov 28, 2012
11/12
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FBC
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by entities real-estate taxes and income taxes? you are buying into that? sandra: i have to believe in it. property taxes are very high but illinois is better off than a lot of the other 11 states mentioned in this forum to write a. there are 105 acres in illinois for every 100 givers and as many other states that are far worse off, where are you going to go? i choose to believe in my own state. texas is far better off. what you going to do in texas? work in the oil industry? you have proximity to your job. stuart: i couldn't do this show from texas. sandra: i am not willing to give up that quickly. stuart: get your views later. we will hear from you later. charles: whatever steve said. stuart: a moment ago with you heard my take on the california so-called come back, now we are going to hear from california's own mike reagan from reagan.com. welcome back. headline in the new york times you know what i'm talking about. california finds economic gloom starting to lift and the premise of their argument is those tax increases will produce a budget surplus in c
by entities real-estate taxes and income taxes? you are buying into that? sandra: i have to believe in it. property taxes are very high but illinois is better off than a lot of the other 11 states mentioned in this forum to write a. there are 105 acres in illinois for every 100 givers and as many other states that are far worse off, where are you going to go? i choose to believe in my own state. texas is far better off. what you going to do in texas? work in the oil industry? you have proximity...
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Nov 30, 2012
11/12
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MSNBCW
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eye 146
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um, no, just opened up some yogurt. >> we have to accompany tax reduction and tax relief for americans, also having a dollar value meal at restaurants. >> what do you think about that, the catholic church would allow someone in -- welcome someone in who denies holocaust, isn't that offensive to you? >> what are you going to do? >> i love sarah silverman and all those ladies. anyone who serves women aren't funny deserves a whack up side the head. it was a figure of speech. >> sorry. >> woah! no more figures of speech over here. just concrete language. there's lots of incredible funny women from tina fey to sarah silverman, even the sweetly violence women i work with every day. >> really? >> really? >> all right. really. anyway, i don't want to live in a world without women came medians and neither does our next guest. the author of we kill the rise of women in american comedy. welcome, my sister. >> thanks for having me. >> so you can talk about smftd special challenges that women who want to enter comedy will face? >> i think i have to look at stand up and sketch a as two different art
um, no, just opened up some yogurt. >> we have to accompany tax reduction and tax relief for americans, also having a dollar value meal at restaurants. >> what do you think about that, the catholic church would allow someone in -- welcome someone in who denies holocaust, isn't that offensive to you? >> what are you going to do? >> i love sarah silverman and all those ladies. anyone who serves women aren't funny deserves a whack up side the head. it was a figure of...
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Nov 29, 2012
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the white house wanting to continue the payroll tax credit or similar policy. the white house saying that it wants a permanent increase in the debt limit and pushing a one-year extension of jobless benefits plans. this one will be the kicker, i think, to any deal that might or might not get hashed out on capitol hill. "the wall street journal" reporting that republican aides are saying that the white house would like to see at least $50 billion in new spending to spur the economy. so in a debate we're seeing over spending cuts, "the wall street journal" now reporting at the top of this hour that the white house would like to see $50 billion in new spending. that's a new one. that might figure into a little bit of the rankor we saw on capitol hill. it goes against what harry reid told me today. i asked the democratic leader in the senate whether or not geithner had made a specific new offer today. he told me no, no new offer from geithner today. he said that the president had made the democrats' offer two weeks ago. clearly, the details in here are not going to
the white house wanting to continue the payroll tax credit or similar policy. the white house saying that it wants a permanent increase in the debt limit and pushing a one-year extension of jobless benefits plans. this one will be the kicker, i think, to any deal that might or might not get hashed out on capitol hill. "the wall street journal" reporting that republican aides are saying that the white house would like to see at least $50 billion in new spending to spur the economy. so...
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Nov 28, 2012
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very focused on raising taxes on the rich. if you have a millionaire or billionaire elderly person, and you tell them, guess what, you're going to have to pay more for your health care, that would be like raising their taxes, right? and it would help reduce the problem. but they don't want to talk about that. >> the easiest solution's in front of us. i'm not the expert on medicare or social security. means testing and raising age limits seem to me to be pretty practical solutions as part of the solution, not the total solution, to reducing entitlement spending. >> if you were this the white house today with with the president as many of the nation's leading ceos are, what would be first that you would tell president obama today needs to be dealt with to get through the fiscal cliff? >> wehat we need is a solution that's going to call for sacrifice on the part of all americans. so we're going to have to raise revenue, yes. we're going to have to reduce spending. his own rhetoric, about a three to one, which is in line with the
very focused on raising taxes on the rich. if you have a millionaire or billionaire elderly person, and you tell them, guess what, you're going to have to pay more for your health care, that would be like raising their taxes, right? and it would help reduce the problem. but they don't want to talk about that. >> the easiest solution's in front of us. i'm not the expert on medicare or social security. means testing and raising age limits seem to me to be pretty practical solutions as part...
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taxes will go higher. you're also talking about the possibility of a much slower economy. and how does that impact earnings in 2013? let's say hypothetically we go off the fiscal cliff because clearly both sides are digging in. here we are at the edge once again like last summer. we go off the fiscal cliff. 2013 comes. we go into recession. doesn't that hit corporate earnings, which, of course, has been the best part of this recovery anywhere? >> there's no question about that. i would contend that the market has probably already factored most of that in. when you can buy a number of stocks -- in the hodges small cap fund, we have a number of stocks trading below their growth rate. that's telling you that the market is not expecting good growth. when you can buy stocks that are growing at 20% a year at ten times earnings, that's a good valuation. there are a number of those situations there that we're seeing left and right. >> got to go, guys. >> okay. >> sorry, jeff. you know how that works. you guys on t
taxes will go higher. you're also talking about the possibility of a much slower economy. and how does that impact earnings in 2013? let's say hypothetically we go off the fiscal cliff because clearly both sides are digging in. here we are at the edge once again like last summer. we go off the fiscal cliff. 2013 comes. we go into recession. doesn't that hit corporate earnings, which, of course, has been the best part of this recovery anywhere? >> there's no question about that. i would...
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Nov 30, 2012
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because the progressive tax rates, they encourage all sorts of tax evasion tax be avoidance and you know, they alter people's behavior in order to reduce their tax liability. so you know instead of investing here, you'll invest in some other country with a lower tax rate. you've had those kind of behaviors which would be narrow and progressive tax rates. hence, the money that you raise at the end of the day is not very much. >> eliot: you raise and sharpen our focus on the other side of the equation. as i was reading the article i said wait a minute, we're focusing so much on how we raise the money rather than how and where we spend it. and how much we spend. in a way we've been sucked into this debate about making a tax system progressive without looking as you say we should at how much we spend on the social programs that actually do redistribute. >> that's right. that's what really makes a difference. if you look at how effective taxes are at reducing inequality, they're really not very effective anywhere. what's really effective is spending. because you know, you can really -- if you
because the progressive tax rates, they encourage all sorts of tax evasion tax be avoidance and you know, they alter people's behavior in order to reduce their tax liability. so you know instead of investing here, you'll invest in some other country with a lower tax rate. you've had those kind of behaviors which would be narrow and progressive tax rates. hence, the money that you raise at the end of the day is not very much. >> eliot: you raise and sharpen our focus on the other side of...
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largest tax cut company in the world. australia had a really strong tax season. a loss of $0.39 a share. they do typically take a loss in this particular quarter because it is not the most busy time for doing taxes. they said they are very optimistic heading into the tax season. this stock looking pretty good. up 3.5%, up 10% for the year. connell: thank you very much. dagen: they were in love and then they weren't, with apple. they have gone gold, investors. for good. connell: cheryl and dennis are coming up to take over coverage with the latest on apple and whether investors have already seen their best days with the stock. i don't know. we will be right back. ♪ mac i am cheryl casone. dennis: i am dennis kneale. apple shares are higher after selling off for days. investors bailing out and taking a big capital gains before higher taxes. is there more at work here? have we fallen out of love with the beloved land? cheryl: plan layoffs increasing for the third straight month. tomorrow we need to look at the big number, the government number. coming up a unique
largest tax cut company in the world. australia had a really strong tax season. a loss of $0.39 a share. they do typically take a loss in this particular quarter because it is not the most busy time for doing taxes. they said they are very optimistic heading into the tax season. this stock looking pretty good. up 3.5%, up 10% for the year. connell: thank you very much. dagen: they were in love and then they weren't, with apple. they have gone gold, investors. for good. connell: cheryl and...
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Nov 30, 2012
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the president has been clear and we support him on holding firm to the 250 tax cuts, expiration of tax cuts for people making over $250,000 a year. that would be part of a big package that has big can cuts. we've already voted for over a trillion dollars in cuts. revenue is needed and job creation is essential to reduce the deficit. we believe if you want to reduce the deficit grow the economy. it's all together. that is attested by every bipartisan task force, commission, you name it that has come together. you can't get here from here in terms of deficit reduction and fiscal soundness without having revenues be on the table. i'd like to yield to the assistant leader for his comments. >> thank you. i think that this meeting was very very fruitful. it simply remind us once again of exactly why we are here. but i don't know -- but i would add to what the leader has said the time for posturing is over which we are in the holiday season when people will love to turn to their families with some certainty and i think we ought to give them that. and it's very easy to do. the president has la
the president has been clear and we support him on holding firm to the 250 tax cuts, expiration of tax cuts for people making over $250,000 a year. that would be part of a big package that has big can cuts. we've already voted for over a trillion dollars in cuts. revenue is needed and job creation is essential to reduce the deficit. we believe if you want to reduce the deficit grow the economy. it's all together. that is attested by every bipartisan task force, commission, you name it that has...
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they get an average tax cut meaning if it expires, their taxes go up. republicans know that. republicans know if they don't do it by january 1st, we're going to keep passing tax cuts for the middle class. if they keep saying no, eventually they won't because the public pressure will be on them they need to step up. they have to quit protecting. they do everything in the name of the wealthy. >> okay. sherrod brown, stay with us. i appreciate it. >>> it looks like senator-elect elizabeth warren, a champion of financial reform, will get a spot on the banking committee. >>> and senator john mccain hints he might favor filibuster reform. debbie stabenow is here on rule changes. stay with us. we're right back. >>> to all the small business owners who are tired of the system rigged against them, we're going to hold the big guys accountable. >> welcome back to "the ed show." that's elizabeth warren of massachusetts who has been a true champion of holding the big guys accountable. they might be in for a rude awakening. warren will likely become a member of the b
they get an average tax cut meaning if it expires, their taxes go up. republicans know that. republicans know if they don't do it by january 1st, we're going to keep passing tax cuts for the middle class. if they keep saying no, eventually they won't because the public pressure will be on them they need to step up. they have to quit protecting. they do everything in the name of the wealthy. >> okay. sherrod brown, stay with us. i appreciate it. >>> it looks like senator-elect...
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the problem isn't that we tax too little, we spend too much. >> greta: the democrats wanted the taxes to go on the rich, those over $250,000, and we still have the structural problem in that it doesn't solve the problems. it solves the problems for eight or nine days. do they say anything about that? >> no. if you raise taxes, they think you'll get more revenue, $68 billion, which actually funds the government for less than a week, but you give all that revenue back in the form of lower economic growth. i mean, you're going to lose growth in the economy. that's what generates more government revenue, is more economic growth. >> greta: even if you give them that money, still you only fund eight days. if you let them tax the rich, you still only have eight days, still have the same infrastructure and same sort of economic structure of our country unless we do something about it, we're cooked. >> right. we can't -- republicans cannot be for anything that doesn't involve entitlements. you've got to reform entitlement programs. that's got to be on the table. so far the president has been u
the problem isn't that we tax too little, we spend too much. >> greta: the democrats wanted the taxes to go on the rich, those over $250,000, and we still have the structural problem in that it doesn't solve the problems. it solves the problems for eight or nine days. do they say anything about that? >> no. if you raise taxes, they think you'll get more revenue, $68 billion, which actually funds the government for less than a week, but you give all that revenue back in the form of...
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those making less than $250,000 a year, no tax increase for them. we can do it either through the rates or through the deductions in the code, you've given a good illustration. >> and what do you think about that senator warren. durbin making it clear he's -- there's a lot of different ways to get there. would you consider that? ways to raise money from the wealthy without raising rates? >> there are ways to get there. but i think a lot of this goes back to where you start the whole discussion from. you know, those of us who have worked on this for a long time, the simpson/bowles plan, which has gained a lot of attention, even our gang of six efforts, which we think improved upon the plan. we started with the rates going back up, you use that baseline and then you work down. you can then use some of these tax reform ideas to bring the rates back down, but you basically, we need, you know, on a ten year basis, more than $1 trillion of net new revenue as we think about some of the additional cuts we're going to have to make and some of the reforms to
those making less than $250,000 a year, no tax increase for them. we can do it either through the rates or through the deductions in the code, you've given a good illustration. >> and what do you think about that senator warren. durbin making it clear he's -- there's a lot of different ways to get there. would you consider that? ways to raise money from the wealthy without raising rates? >> there are ways to get there. but i think a lot of this goes back to where you start the whole...
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tax cuts for the middle class. tonight chris van hollen and jan schakowsky and the latest on the fiscal cliff. >>> the meeting with the president looks good for progressives. we'll get the scoop from james hoffa. >>> plus breaking news. republicans running the benghazi witch hunt remain disturbed and troubles. >> i'm more disturbed and significantly troubled. >> i'm more troubled. >> joan walsh on today's big meeting with susan rice. >>> and yesterday ricks rolled fox news. >> i think that the emphasis on benghazi has been extremely political because fox was operating as a wing of the republican party. >> today fox news strikes back. >>> good to have you with us tonight, folks. thanks for watching. the white house is keeping republicans in a box. president obama is hitting the road to push the extension of tax cuts for income, for folks under $250,000 a year. the president will kick off his tour in southeastern pennsylvania on friday. today he met with small business owners at the white house and tomorrow he plans
tax cuts for the middle class. tonight chris van hollen and jan schakowsky and the latest on the fiscal cliff. >>> the meeting with the president looks good for progressives. we'll get the scoop from james hoffa. >>> plus breaking news. republicans running the benghazi witch hunt remain disturbed and troubles. >> i'm more disturbed and significantly troubled. >> i'm more troubled. >> joan walsh on today's big meeting with susan rice. >>> and...
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Nov 29, 2012
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tax and spend, not taxes to reduce deficits. taxes to fund new spending. that's why the budget, it puts us on track to have $25 trillion in total debt at the end of ten years, another almost $10 trillion in debt headed to the current debt level. so insofar as i can see, that tax-and-spend policy remains his goal today. the white house isn't planning to raise taxes to reduce the deficit, raise taxes under their plan to expand government. and that's not -- i don't believe congress will accept such a deal if that's what's going on in the secret negotiations. president obama campaigned on tax increases just on the wealthy, just on raising their rates, just only $800 billion in tax increases. but now the white house is demanding $1.6 trillion in tax increases. don't the american people have a right to see where those taxes fall, who this will impact and how much they are? shouldn't the president lay out his plan? the president of the united states, the only person who represents everybody in the country, will that remain a secret? will it just be revealed to us
tax and spend, not taxes to reduce deficits. taxes to fund new spending. that's why the budget, it puts us on track to have $25 trillion in total debt at the end of ten years, another almost $10 trillion in debt headed to the current debt level. so insofar as i can see, that tax-and-spend policy remains his goal today. the white house isn't planning to raise taxes to reduce the deficit, raise taxes under their plan to expand government. and that's not -- i don't believe congress will accept...
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Nov 28, 2012
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rates where they are, not letting the lower tax rates reset. that's real money in terms ofi don't know that it's going to win the day, but i really would like to hear republicans kind of argue why they are not agreeing on this part of the deal. i think that would push things forward. >> on the 98%? >> yeah. the 98% anytime, at the end that's the worst-case scenario, that republicans cave to the president's demand, because he's not asking for any more on that. so why give it -- why give that up now? >> just because they both agree on that. >> well, they don't -- >> they agree on that. >> why are democrats so afraid of going back to the clinton tax rates? that's a great question. wasn't that the source of prosperity in the '90s? >> i liked that tax structure. >> i know you do, jared. >> i'm just saying that's something they agree on. >> here's the deal. what you saw today was really show business on the case of the white house with an audience behind him. the president did not talk about entitlements, anything he would give on, really zero change
rates where they are, not letting the lower tax rates reset. that's real money in terms ofi don't know that it's going to win the day, but i really would like to hear republicans kind of argue why they are not agreeing on this part of the deal. i think that would push things forward. >> on the 98%? >> yeah. the 98% anytime, at the end that's the worst-case scenario, that republicans cave to the president's demand, because he's not asking for any more on that. so why give it -- why...
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instead of raising tax rates, we can produce a similar amount of revenue reforming the tax code to close loopholes and lower tax rates. >> no, no, no. republicans are not getting the mitt romney tax proposal. time to move on speaker boehner. republicans are furious about the white house proposal. mitch mcconnell told the weekly standard he burst into laughter when he received the deal. the new second ranking republican in the senate john cornyn also disparaged the deal. >> that's a crazy idea. i'm amazed that secretary geithner had the courage to float that yesterday. hence the laughter from senator mcconnell. that's the kind of response it deserves. >> they are laughing in public, but they are panicking behind closed doors. conservative writer matt lewis, writer for "the daily caller", the notion that republicans have leverage is silly. it's the same kind of happy thinking that led to some boldly-predicting a romney victory. he said republicans are so screwed. this is why president obama is playing to his strengths. the president has never had a problem rallying the american people to h
instead of raising tax rates, we can produce a similar amount of revenue reforming the tax code to close loopholes and lower tax rates. >> no, no, no. republicans are not getting the mitt romney tax proposal. time to move on speaker boehner. republicans are furious about the white house proposal. mitch mcconnell told the weekly standard he burst into laughter when he received the deal. the new second ranking republican in the senate john cornyn also disparaged the deal. >> that's a...
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taxes? guest: i don't think so. i think keeping tax rate with a r is the real question. you can increase revenue without increasing tax rates. honestly, just a more efficient system redistributing investments toward things that generate economic growth. that is something that paul ryan has been a leading advocate of. yeah, i think this is a really smart and good proposal by the speaker, and i was very pleased to see every republican sign off on it. it was not just his name. i hope the white house understands there is unity at the republican leadership table. host: here is a copy of the letter sent to the white house with the signatures of the leadership team including paul ryan. a lot of our callers have talked about the lack of details in this proposal then back which loopholes or deductions do you get rid of? guest: there is an interesting debate and discussion on that. that is for the negotiators. the easiest way to do it would be to cap the dollar amount and let the individual pick and c
taxes? guest: i don't think so. i think keeping tax rate with a r is the real question. you can increase revenue without increasing tax rates. honestly, just a more efficient system redistributing investments toward things that generate economic growth. that is something that paul ryan has been a leading advocate of. yeah, i think this is a really smart and good proposal by the speaker, and i was very pleased to see every republican sign off on it. it was not just his name. i hope the white...
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he's willing to let the tax go up on the middle class. on the debt increase he doesn't have the same leverage. bob woodward pointed out that tim geithner said to president obama if the republicans stick to their guns on the debt limit bill you cannot reto it. the consequences will be so clam to us that you cannot veto it. so obama would have capitulated. megyn: that's what simon is saying now. that we shouldn't put the country in that position. >> the only way we'll get action on this debt. we keep spending and spending and raising our debt by $6 trillion every obama term. that's what catastrophic. the republicans need to stick to the boehner rule. a dollar of spending cuts for every dollar in spending increases. why give in on taxes and the fiscal cliff fight when you will have all the leverage. megyn: simon? >> in the rasmussen poll that came out today the republicans lost 10 points since the election in the congressional generic fight. they are losing this economic argument right now. if they pull what mark is saying, you are going to
he's willing to let the tax go up on the middle class. on the debt increase he doesn't have the same leverage. bob woodward pointed out that tim geithner said to president obama if the republicans stick to their guns on the debt limit bill you cannot reto it. the consequences will be so clam to us that you cannot veto it. so obama would have capitulated. megyn: that's what simon is saying now. that we shouldn't put the country in that position. >> the only way we'll get action on this...
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tax reform. people who are following us on twitter, just tweeted, we'll take your questions. we want to thank the bank of america for supporting these series. the forum is about issues that matter most in washington. last week, how the obama campaign won and today we will talk about very important issue for conservatives and republicans, the path forward for them and their party. we appreciate bank of america's partnership including at both of the conventions. and we are going to bring you into the conversation. you got cards. we would love to take your questions and also be getting questions as they call it on "morning joe"," the twitter machine. we would love to bring out grover norquist, president of americans for tax reform. good morning, grover. [applause] >> you don't have your bag. he is attached to his bag. >> they told me it was too streamlined up here for the bag. >> thank you very much for coming out. can republicans raise taxes and not break your pledge? >> difficult. >> it's not know
tax reform. people who are following us on twitter, just tweeted, we'll take your questions. we want to thank the bank of america for supporting these series. the forum is about issues that matter most in washington. last week, how the obama campaign won and today we will talk about very important issue for conservatives and republicans, the path forward for them and their party. we appreciate bank of america's partnership including at both of the conventions. and we are going to bring you into...
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they get an average tax cut meaning if it expires, their taxes go up. republicans know that. republicans know if they don't do it by january 1st, we're going to keep passing tax cuts for the middle class. if they keep saying no, eventually they won't because the public pressure will be on them they need to step up. they have to quit protecting. they do everything in the name of the wealthy. >> okay. sherrod brown, stay with us. i appreciate it. >>> it looks like senator-elect elizabeth warren, a champion of financial reform, will get a spot on the banking committee. >>> and senator john mccain hints he might favor filibuster reform. debbie stabenow is here on rule changes. stay with us. we're right back. if we want to improve our schools... ... what should we invest in? maybe new buildings? what about updated equipment? they can help, but recent research shows... ... nothing transforms schools like investing in advanced teacher education. let's build a strong foundation. let's invest in our teachers so they can inspire our students. let's solve this. th
they get an average tax cut meaning if it expires, their taxes go up. republicans know that. republicans know if they don't do it by january 1st, we're going to keep passing tax cuts for the middle class. if they keep saying no, eventually they won't because the public pressure will be on them they need to step up. they have to quit protecting. they do everything in the name of the wealthy. >> okay. sherrod brown, stay with us. i appreciate it. >>> it looks like senator-elect...
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tonight's question, will radical republicans ever agree to a tax hike deal? text "a" for yes and text "b" for no to 622639. you can always go to our blog and leave a comment. we'll bring you the results later on in the show. >>> joining me tonight, congressman steny hoyer of maryland, the house democratic whip. congressman, good to have you with us tonight. appreciate it. >> always good to be with you, ed. thanks. >> got some folks nervous talking about entitlements. when you say entitlement cuts are on the table, what does that mean and how far are you willing to go? >> well, when i say everything needs to be on the table, ed, i want everybody to put their cards on the table and tell me what they want to do. i want not only to see that myself, i want to see what others want to do, including my republican colleagues, in terms of entitlements. now, there are some things we are absolutely not going to do, as you well know. made it very clear during the election, we're not going to voucherize medicare. we're not going to privatize security. we believe very stron
tonight's question, will radical republicans ever agree to a tax hike deal? text "a" for yes and text "b" for no to 622639. you can always go to our blog and leave a comment. we'll bring you the results later on in the show. >>> joining me tonight, congressman steny hoyer of maryland, the house democratic whip. congressman, good to have you with us tonight. appreciate it. >> always good to be with you, ed. thanks. >> got some folks nervous talking about...
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they get an average tax cut meaning if it expires, their taxes go up. republicans know that. republicans know if they don't do it by january 1st, we're going to keep passing tax cuts for the middle class. if they keep say iing no, eventually they won't because the public pressure will be on them they need to step up. they have to quit protecting. they do everything in the name of the wealthy. >> okay. sherrod brown, stay with us. i appreciate it. >>> it looks like senator-elect elizabeth warren, a champion of financial reform, will get a spot on the banking committee. >>> and senator john mccain hints he might favor filibuster reform. debbie stabenow is here on rule changes. stay with us. we're right back. eat good fats. avoid bad. don't go over 2000... 1200 calories a day. carbs are bad. carbs are good. the story keeps changing. so i'm not listening... to anyone but myself. i know better nutrition when i see it: great grains. great grains cereal starts whole and stays whole. see the seam? more processed flakes look nothing like natural grains. you can'
they get an average tax cut meaning if it expires, their taxes go up. republicans know that. republicans know if they don't do it by january 1st, we're going to keep passing tax cuts for the middle class. if they keep say iing no, eventually they won't because the public pressure will be on them they need to step up. they have to quit protecting. they do everything in the name of the wealthy. >> okay. sherrod brown, stay with us. i appreciate it. >>> it looks like senator-elect...